On October 10, the stockholders’ equity
of Sherman systems appears as follows:
Common Stock ,$10 par value, 72,000 shares
authorized, issued and outstanding = 720,000
Paid-in capital in excess of par value, common
stock = 216,000
Retained earnings = 864,000
Total stockholders' equity = 1,800,000
Answer:
Short Run Aggregate Supply SRAS is the total goods and services available in an economy at different price levels with respect to fixed production resources.
Explanation:
A) When the price level increases, aggregate supply increases as well because demand is high and manufacturers will produce more.
B) When Input prices decrease, short run aggregate supply is not affected.
C) When firms and workers expect the price level to fall, aggregate supply decreases to cushion the effect of imminent loss due to fall in prices.
D) When the price level decreases, supply also decreases since it is an indication that the market is approaching saturation,
E) New policies increase the cost of meeting government regulations and does not necessarily influence SRAS.
F) The number of workers in the labor force does not affect SRAS.
Answer:
regressive
Explanation:
A regressive tax is basically a tax whose rate increases as your income decreases. Generally you do not need to increase the marginal tax rate of lower income levels, all you need to do is have a flat tax that taxes everyone with the same amount. E.g. everyone pays $2,000 as income taxes. $2,000 per person represents 10% of the first household's income, but it only represents 2.7% of the fourth household's income.
On the other hand, progressive taxes increase as the income level of the taxpayers increases.
Answer:
All a user needs to do is insert the numbers
Explanation:
Shell tools offer simple interface to the vendors, the user just need to input the numbers
